Company Overview

K-Mile Air, operating as K-Mile Asia, was established in 2004 as Thailand's first express freight airline. Our initial
operations began in 2006 with a Boeing 727 freighter between BKK and SIN. The fleet
subsequently expanded to 3 such aircraft. These aircraft have since been retired in 2013.

In March 2014, FARNAIR Switzerland took a 45% stake in K-Mile Air. Since then ASL Aviation
Holdings has taken over ownership of FARNAIR and has been a valuable partner
with extensive domain expertise. ASL is a global aviation services provider with
operations on 6 continents and a fleet of 140 aircraft in 6 airlines in Europe, South Africa and
Asia.

Our 737-400SF operations were launched in July 2014 and continue to cater to the growing
intra-Asia airfreight.

Our current scheduled routes include:

HAN-UTH-HKG-BKK-HAN / 5 rotations per week / since Nov 2014

PNH-BKK-SIN-BKK-PNH / 5 rotations per week / since Apr 2016

CGK-SIN-CGK (as an extension to the above route from SIN)/ 4 rotations per week /
since Feb 2017

Our airline is managed and operated by a team of highly experienced aviation
professionals, based at our offices at Suvarnabhumi Airport, Bangkok. K-Mile remains the
only Thai freighter airline, with most of our business focused on air operations for express
integrators and charter services across Southeast Asia.

Demand for connecting major cities within Southeast Asia is ever increasing, as is demand
between Southeast Asian cities and major cities within China. K-Mile Air has a
competitive advantage to best support this growth in trade and cross border e-commerce.